Business

Govt to refund extra electricity charges, cut costs by 30 paisas

Published by
Web Desk

ISLAMABAD: The federal government has decided to refund the additional charges collected from electricity consumers, which is likely to reduce the cost per unit by 30 paisas for a month.

The Central Power Purchasing Agency (CPPA) has applied for a monthly fuel price adjustment for February. Nepra will hear the application tomorrow.

6.495 billion units of electricity were generated in February. 6.666 billion units were supplied to power companies. The cost of electricity per unit was Rs 1.8.22. The reference cost for February was fixed at Rs. 8.52 per unit

In February, 27.12 percent of electricity was generated from hydro, 15.02 percent from local coal and 1.56 percent from imported coal. 10.32 percent from gas, 14.11 percent from imported LNG, and 26.59 percent from nuclear fuel.

This government decision may provide some relief to electricity consumers through a reduction in their monthly bills. The decision of NEPRA on the CPPA’s request will determine the final outcome.

Web Desk

Recent Posts

Pakistan’s timely policy may shield it from proposed U.S. additional tariffs

ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…

6 hours ago

Govt set to brief PPP on crucial legal changes ahead of Budget

ISLAMABAD: Important legislation may be considered in the negotiations between the Pakistan People's Party (PPP)…

7 hours ago

No visa agent needed! UK High Commissioner shares step-by-step visa guide

ISLAMABAD: If you are thinking of applying for a UK visa from Pakistan and are…

7 hours ago

Famous Anti-biotic medicine ‘Azomax’ declared fake

LAHORE: The Drugs Control of Punjab declared a Class-I alert after the lab tests confirmed…

8 hours ago

Unmarried women can now get financial support from BISP

KARACHI: The government has decided to include unmarried women above the age of 35 in…

8 hours ago

Minimum salary of 45,000 proposed in Budget 2026-27

ISLAMABAD: The Pakistan Institute of Development Economics (PIED) has recommended setting the minimum monthly wage…

9 hours ago